| Digital Infrastructure and Transaction Platform | In-store and online payment processing, VAS, affordability solutions, transaction processing, loyalty and merchant services. | Strong merchant network, scalable tech, innovation with AI, and multi-channel product suite. | Merchants, retailers, consumer brands; primarily B2B and B2C mix. | Subscription and VAS products like loyalty and affordability offerings. | 1579 | 69 | Subscription fees, transaction commissions, value-added services charges. | Monthly subscription and transaction-based variable fees. | Rising digital payments, increasing merchant adoption, new value-added services. | Plutus, PayLater, PinePerks |
| Issuing and Acquiring Platform | Prepaid card issuance, credit/debit card issuing solutions, acquiring services for financial institutions and brands. | Integrated platform, multiple acquisitions enhancing portfolio and global footprint. | Banks, financial institutions, brands, and consumers; B2B focus. | Prepaid card management and API-driven issuing platforms. | 326 | 14 | Take rates on gross transaction volumes, card distribution revenue, service fees. | Volume-based fees and service charges. | Expansion of prepaid products, co-branded cards, international issuing solutions. | Qwikcilver, Fave, Mosambee, Setu, Credit+ |
